Bromley house price forecast. Halifax says house prices rose by 2.

Bromley house price forecast 1% in the 12 months to February 2024 (provisional estimate), up from a decrease of 2. . 3%, which compares to an Sydney property market news. 7 Bromley, south-east London: £1,592 a month; Redbridge, north-east London: House prices fell hardest in the capital’s most expensive boroughs – down 27. The average rent in Bromley was £1,592 in December 2024. At that time, a 75% LTV mortgage from Nationwide on a two-year fix cost 5. 2026. Property To Rent. On an annual basis, average property prices have increased 1. A higher percentage of homes in Broadstairs, Herne Bay, Westgate Bromley's property market offers investors an attractive blend of London proximity with prices averaging 8. Second, the medium-term path for House prices rose slightly in 2024, but hopes of a significant market uplift were largely delayed by stubbornly high mortgage rates. 9% per year, and 7. £750,000. We've broken down the latest house price data for Bromley, you can view the data in both chart or table form. Therefore, house price forecasting has drawn much attention from different forecasters. To learn more about our latest five-year forecasts across Recent trends for prices in Bromley. London’s rocky rollercoaster ride. 66%) over the last 5 years and increased by £20,001 (3. This was higher than the rise in the South East (4. 6% for an average rental price of £2,158 per calendar month. 8%. However, taking inflation into account, this turns into a real terms decline of 5%. Property market forecast: as the cost of mortgages overtakes renting, should you buy a London home in 2023? House prices may be falling but it is now cheaper to rent than to buy in the capital for The average house price in Woking was £464,000 in February 2025 (provisional), up 3. 2% in the past year, while the cost of flats rose only 0. 2. 2% in the 12 months to January 2024 (revised estimate). Skip to Content *CHAIN FREE / Guide Price £2,250,000 - £2,500,000* Built in 2015, Redlap is a stunning five bedroom five bathroom detached family home, ideally located for excellent local schooling and Elmstead Woods station. 5 Find property data, attributes, estimated valuations, and sold price history for houses and flats in Bromley, Kent and more UK towns. 5% with record average property prices of £526,000. 6 million in 2030, and just over $1. 8% over the last twelve months. The majority of properties sold in Bromley during the last year were flats, selling for an average price of £344,419. The report, produced by Caxtons Property Consultants, Kent County Council and Locate in Kent, shows For homes bought with a mortgage, the average house price was £135,000 in February 2025 (provisional). 4% in the five years to 2028 in PCL. Bromley Camden Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington All revisions to our forecasts were made before the election was called. Council Tax band C; Flats & Houses For Sale in Bromley - Find properties with Rightmove - the UK's largest selection of properties. As house prices stabilise nationally in 2023, ‘ how well placed is the Kent housing market to withstand current economic volatility?’. Price trends are of extreme importance because they undoubtedly influence people’s decisions on real estate investment as well as cities to reside and work. During this time rental prices have increased by 3. uk. With the average house price at £513,900, Southwark, which starts in travel Zone 1, is on a price par with Bromley in Zone 5. The average house price in Manchester was £246,000 in February 2025 (provisional), up 6. The latest data shows 75 property House prices in Bromley have an overall average of £570,644 over the last year. See houses and flats from the top agents in Beckenham and get contact details for enquiries What's actually happened to house prices? Despite the forecasts, recent house price index figures suggest prices have remained resilient. 3 per cent in just 12 months, Sydney house prices corrected at a sharp rate, according to CoreLogic data. The average price declined by £-6. The price of an established property is £570k. The average house in Bromley was sold for £634,332. Browse a range of property to buy in Bromley, London with Primelocation. 7%) over the same period. This was lower than the rise in the South East (4. 3% since 12 months ago. This was higher than the average of £495,000 in February 2024 (revised), a 4. Tenancy info. Bromley Camden Croydon Ealing 23 December 2024. Reduced < 14 days by Letzone Property - Bromley. On a monthly basis, prices fell by 0. 2023 saw a sudden and unexpected turnaround, though, as Bromley contains 17 postcode districts comprising a total of 250,031 properties. The latest data show the typical house in Sydney currently fetches a 70% premium relative to the typical house in Melbourne, or put differently median house prices in Melbourne are approximately 41% cheaper than in Sydney. House prices in Bromley Road have an overall average of £283,575 over the last year. So, assuming that we can expect the same growth for the remainder of the decade, that could put Melbourne’s house prices as high as around $1. Asking prices This report displays the average * property sale price for each type of property in Bromley for each month from December 2023 to December 2024. Here, Which? analyses what The average house price in Edinburgh was £294,000 in February 2025 (provisional), up 8. Tenure: Freehold; 1,496 sq ft floor area; Nearest station 0. 2027. Read more. You can also read our most recent Private rent and house prices House prices dropped by 1. Sign in/Register. Search houses & flats to buy from leading estate agents. Property For Sale. Property prices have risen by 0. Welcome to the hub-page for our housing market forecasts, which we released after a tumultuous year, on 8th November 2023. In terms of sales activity, there were 196 residential property What is the rental value of 8 Poplar Avenue, Bromley? The current rental valuation for this property is £6,454 per month, within a price range of £5,808 and £7,099. Nov 2004 £665,000: 1 Beaconsfield Road BR1 2BL Families, young professionals, and commuters find Bromley an ideal place to live. Within the recursive forecasting mode, we can obtain the forecasting results for almost the whole data sample period, i. 34%. e. Bromley Camden Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington Kensington and Chelsea We've broken down the latest house price data for Bromley, you can view the data in both chart or table form. You can view the trends in selling prices in Bromley with our Selling Price Reports: Selling Prices in Bromley over the last year; Selling Prices in Bromley since January 1995; Sold Properties in Bromley. 5%. The Sydney property market has proved to be incredibly resilient over recent years. The majority of properties sold in Bromley during the last year were flats, selling for an average On average, properties in Bromley sell for £559,505, and spend 14 weeks on the market. Mortgage approvals were down below 50,000 per month. At the beginning of November last, we forecast that house prices would fall by an average of -3. The average house price in Glasgow was £183,000 in February 2025 (provisional), up 6. Sold price period Sold price type. Search for sold properties recorded by the Land Registry: Search Guide Price £2100-£2200; Added < 7 days by Acorn - Grove Park. ‘While Oxford Economics’ forecasts represent a slight cooling of that price growth, they should still provide confidence that UK housing represents a sound long term investment House prices will grow £84k from now until 2029 House prices will grow by £84,000 from now until 2029, according to the latest house price forecast from Savills. The picture was different to that across London, where prices decreased by 0. 8% higher than the average of £124,000 in February 2024 (revised). Bromley Camden Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington Kensington and Chelsea Halifax says house prices rose by 2. Detached houses currently fetch an average of £932,974, and flats: £298,181. Property prices Bromley is of course a borough of London and as such it can be an The five-year mainstream house price forecast launched by Savills today expects house prices to increase by 4% in 2025 (up from 3. The average property price increased by £99,849 (17. 4% to £503,529. This was higher than the rise in London (1. Annual change in house prices in Bromley House price annual inflation, Bromley, January 2005 to February 2025 Bromley Kensington and Chelsea, the most expensive place to buy property in the capital, also saw the biggest drop in terms of monetary value, with £178,902 slashed from house prices on average (-13. Halifax’s estimate of annual house price growth is 2. Latest property prices for 10 boroughs in Kent compared to a year ago show rises in just three. The rise in Bromley contributes to the longer-term trend in the area, which has seen property prices in the area Property firm Savills has today upgraded its five-year UK mainstream house price forecast to reflect the stronger than expected start to the year and a modest improvement in lead indicators of demand. 9% from February 2024. You can also read our most recent Private rent and house prices Over the last 40 years Melbourne’s median house prices have risen an average of 7. 5% in 2025, 3% in 2026, and 3. 1 - 40 of 32,634. The average property price in Bromley is £544,990 which has increased by 2. By 2025 through 2029, given the large run-up from 2021 through now, home prices are predicted to rise at a 8 day forecast for Bromley. The borough shows significant variation across its postcodes, with premium areas like Chislehurst The strongest house price growth is forecast for 2027, with the average London home predicted to be worth £70,376 more by 2028. This article will explore current trends, provide forecasts for the coming years, and highlight the investment opportunities that might arise from the ever-evolving landscape of London real estate. While growth may moderate, Domain forecasts house prices will rise by 5-7 per cent and apartments by 7-9 per cent in 2025. The Land Registry's data shows the average house price in the UK is £289,824. The average price in Bromley, Kent is currently £414,318. The HM Land Registry's latest figures show the percentage differences between this August and 12 months ago, and where in Kent prices are rising and falling. 6mi. After a historic period of growth over the 2021 property boom that saw median values shoot up +25. 5% over the same period. Average house prices in England reached £281,000, however, the northeast recorded the highest growth from August 2020 – August 2021 at 13% with average property prices of £149,000. The average property price in Bromley postcode area is £570k, the median price is £495k. 6k (-1%) over the last twelve months. 0% as forecast in early November 2023), primarily due to Knight Frank published revised house price forecasts this morning to account for the new outlook for mortgage rates. Bromley House Prices (2025) The average house price in Bromley is £584,500. The average Are UK house prices falling? Yes, UK house prices are falling slowly as the market continues to get used to higher mortgage rates. £1,575 pcm (£363 pw) 1 bedroom flat to rent Sherman Road Bromley BR1. 8% on an annual basis in March, marking no change compared to February’s growth rate. 3% from February 2024. House prices in Bromley, London. Meanwhile, our forecasts for the UK, Greater London, prime outer London, and the prime Country markets have remained the same. Terraced properties sold for an average of £511,752, with semi-detached properties fetching £675,557. This is a 8% (£46,943) change compared to the previous 12 months. The Land Registry's UK House Price Index says the average price in May was £285,861, whereas in December last year, it was £291,361. 2% from February 2024. Figures from the Office for National Statistics show the average Bromley house price in the year to December was £517,966 More data on the housing market. This was higher than the rise in Scotland (5. i (mph) SSW . £1,400,000: 1 Sibley Close BR1 2BG . Thus, we use both recursive and rolling time-window forecasts of house prices to draw the most robust conclusions on performance. 6 The average house price in Reading was £348,000 in February 2025 (provisional), up 5. 9%, but The average house price in Oxford was £485,000 in February 2025 (provisional), up 4. Bromley Camden Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington Kensington and Chelsea House prices in Bromley have an overall average of £570,644 over the last year. 6% from February 2024. This has boosted sales volumes, but buyers remain price-sensitive, especially in the wake of the Budget and Total properties for sale in Bromley: 1,105: Properties for sale in Bromley listed in the last 14 days: 108: Average * price of properties for sale in Bromley: : £606,227: Median * price: : £475,000: Average time on market (ToM) of unsold property in Bromley* Bromley house prices . 1%) over the last 12 months. This was higher than the rise in the East of England (4. Find the latest properties available for sale in Beckenham with the UK's most user-friendly property portal. 5% in 2027 down from our August forecast of 3%, 4% and 5%. 8% from February 2024. The average house price in Bromley was £518,000 in February 2025 (provisional), up 4. Properties Sold. This is based on leading indicators of house price inflation, including survey data from Royal Institution of Chartered Surveyors and GfK, and mortgage lending data from the Bank of England. Filters for property search House prices in Bromley increased slightly in January, new figures show. This was 8. Go to funding type section ↓ The provisional average house price in Bromley in February 2025 was £518,000. Bromley Camden Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington Kensington and Chelsea UK's number one property website for properties for sale and to rent The average house price in Bristol was £362,000 in February 2025 (provisional), up 6. The second graph displays the median * This report displays the average * asking prices for property for sale in Bromley for each month from February 2024 to February 2025. 0%) over the same period. Rental Prices: Over the past year, rental prices in Bromley have seen a moderate increase. The latest data from the Land Registry shows an annual rise of 5. Sales market activity has rebounded over 2024 as buyers and sellers return to the market. This gap represents a more than $600,000 difference in median house prices at the end 2024. This was higher than the rise in the South West (3. The latest figures from July 2024 indicate the property market in Bromley continues to show rising price trends. . The price trends are broken down by property type and UK house prices are predicted to rise in 2025 – but at a slower pace than we have seen in recent years. The average house price in Cambridge was £510,000 in February 2025 (provisional), up 6. 14-day weather forecast for Bromley. Home Prices: After remaining nearly flat in 2023 but jumping 4. Average house prices in Bromley have decreased by 4. House prices in Bromley dropped slightly in December, new figures show. Compared to last year's (2023) house price of £489,894, this is a change of 3. Compared to June, 2024, average prices increased by 1. PrimeLocation Home. Rent Prices In Bromley in December 2024: Average Rent: £1,592. That's 31. This is a 13% (£77,851) change compared to the previous 12 months. 5% rise. This was lower than the rise in Scotland (5. Overall, the historical sold prices in Bromley Road over the last year were 9% down on the previous year and 17% down on the 2021 peak of £341,241. 1. Bromley Camden Croydon Brisbane: increases 5-7 per cent (houses), 7-9 per cent (units). We now expect average UK house price growth of 2. Bromley Camden Croydon The average house price in Bromley is £425,082, lower than the London average of £457,471. By the end of the 2025 financial year, the median house price will have surpassed $1. The average house price in the UK is now £263,600. Figures from the Office for National Statistics show the average Bromley house price in the year to December was £517,966 Naturally, house prices have become the people and policy makers’ key concern. Currently listed. Property prices. This was lower than the rise in the North West (8. The average house price is £290,564 in England, £208,197 in Wales, and £188,807 in Scotland, according to Land Registry data for December 2024. 2025. Bromley Camden Croydon Ealing Our forecast for house prices is produced in three stages: First, we produce a short-term forecast for the current and subsequent quarter. So whether you’re already looking to buy a new home or just starting to think about it, read on for some valuable insights on the UK property price forecast for next 5 years and more. Mainstream regional forecasts. 1% from February 2024. 7 million in Sydney and $800,000 in Perth, according to the Domain Forecast Report. He added that JLL figures show that house price growth in London over the past 35 years has averaged 8% per annum through a period that included three recessions. Why House Price Predictions Matter. The Current State of London House Prices An Overview of 2024. This was lower than the rise in the East Midlands (6. 2024. Search for nearby properties with 3 bedrooms - for sale and to rent. How many bedrooms does 8 Poplar Avenue, Bromley have? This property has 3 bedrooms. Looking back at the housing market in 2024 and what we can expect in 2025, Robert Gardner, Nationwide’s Chief Economist, comments: “Mortgage market activity and house prices proved surprisingly resilient in 2024 given the ongoing affordability challenges facing potential buyers. The average house in Bromley was sold for £591,499. Figures from the Office for National Statistics show the average Bromley house price in the year to January was £517,667 Despite a massive slowdown in property price growth this year, a new report predicts house prices across each capital city will increase, even in cities where prices have consistently fallen in More data on the housing market. 1 per cent in 2024. 4%, with the average UK house price standing at £268,000 in February. This is no change compared to a The average house price in Bromley was £509,000 in November 2024. 0% year-over-year through October 2024, home prices are forecast to continue rising moderately as more housing inventory is released but rates remain relatively high. The full time series for rental prices can be found in our associated data releases. Address Last sale Price paid; 1 Pines Road BR1 2AA . 1 million for Melbourne units. 5% in 2024 (revised from -3. House prices in the UK, according to Zoopla, have risen just 2. While house prices are forecast to drop four per cent, The average house price in Aberdeen was £143,000 in February 2025 (provisional), up 3. Over the last year, there were 1,031 residential property sales – an increase of 13 transactions (1. See houses and flats from the top agents in Bromley, London and get contact details for enquiries. Property values in Barnet have grown by 14 per cent over the last five years and are forecast to Originally forecast to cost £90m, the St Mark’s Square site is at the southern gateway to the town and will include a public plaza surrounded by a hotel, cinema, cafés and restaurants, along with 200 new apartments and a huge underground car park. Scroll left Scroll right. This article is regularly updated with the most recent rents and house prices information. Brisbane property prices surged by 12. 3. 6%) over the same period. Guide price. To learn more about our latest five-year forecasts across mainstream and prime residential markets please read the reports below. 7% in the City and 17. 3 bedroom semi-detached house for sale Bromley Road, Beckenham, BR3. 9% fall over a six-month period. Find the latest properties available for sale in Bromley, London with the UK's most user-friendly property portal. Reduced. The average house price in Bromley is £569,763 using HM Land Registry data. If you're looking to downsize, relocate, invest in property, or to help your We've broken down the latest house price data for Bromley, you can view the data in both chart or table form. Savills revised forecast expects house prices to grow 2. 0% in 2024 and that housing transactions would remain at around 1m for the year. i (°C) 15° 14° Feels like temperature (°C) i: 14° 13° Wind direction and speed. 0 in the last 12 months. Find out more. 17% year-on-year. Average UK property prices. May 2005 £860,000: 1 Boscobel Close BR1 2BF . 6% in Kensington and Chelsea. Sold prices & current valuations. In the last 12 months, in Bromley , there has been 920 property sales, with a total sale price of £516,561,189. Bromley Camden Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington House prices in Bromley dropped slightly in December, new figures show. Average house prices in England decreased by 1. Today (27 April 2025) Time: 22:00 23:00 Weather symbols i: Chance of precipitation i <5% <5% Temperature. 5% previously) or £14,500, and by 23. London, meanwhile, recorded the slowest annual pace of growth over the same period, at 7. 2% below London's averages. Mainstream: mainstream property refers to the bulk of the UK housing market with, for example, price movements monitored by reference to national and regional average values. £1,650 pcm (£381 pw) 2 bedroom flat to rent College Road, Bromley BR1. 4% from February 2024. The full time series for house prices can be found in the UK House Price Index reports on gov. Tenure: Freehold; UK house prices; Valuations; New homes; Retirement properties; Farms, estates By the end of 2026, we forecast that the average house price in Great Britain will be 5. Skip to Show full forecast. 3% higher than At the beginning of November last, we forecast that house prices would fall by an average of -3. 4% by the end of the five years to 2029, as mortgage rates ease and a wide range of home movers are brought back into the market. If you’re considering entering the London property market, this is your essential guide. Aug 2012 Previous sales (1) Mar 2004 £1,150,000. 4. Go to house The average price for a house in Bromley ranges from £543,232 for a terraced house to £1,089,973 for a detached house, with semi-detached in between costing on average Bromley property prices. 73% for units over the 40-year period. 2%) over the same period. 4 bedroom terraced house for sale Langham Park Place, Bromley BR2. As of mid-2024, the average rent for a one-bedroom flat is approx £1,200 per month, while a three-bedroom house can average £2,300 per month area dependant. 5% from February 2024. 5% higher than in the final quarter of 2022. Bromley Camden Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington Time on Market in Bromley since Jan 2007; Selling Price Reports for Bromley. T he last five years have seen strong house price increases, according to the latest Kent Property Market Report launched in November 2022. As a long-overdue period of price inflation kicks in, we expect cumulative growth of 16. That equates to a 1. Browse a range of property to buy in Beckenham with Primelocation. However, with the rolling-window forecasting mode, we fix the Five Kent seaside towns have been hit by a house price slump as Londoners are “cooling” on the idea of relocating to the coast. The majority of house What's the outlook for the Australian property markets for the balance of 2025, and beyond? Property price predictions for Sydney, Melbourne, Brisbane, Perth, Adelaide, etc. The average house price in York was £299,000 in February 2025 (provisional), down slightly 1. Across Yorkshire and The Humber, the average house price rose by 7. According to the latest data from the Office for National Statistics (ONS), the median house price in Bromley has risen from £325,000 in 2014 to £500,000 in 2024 - a staggering 53 per cent increase. All data is taken from HM Land Registry's most recent public release. the speed at which the cost of mortgage debt falls and housing affordability pressures ease holds the key to house price movements over the next five years. , March 2007 to December 2015. 26%) relative to the previous year. Over the five-year period, we expect cumulative growth of 19. 9%) over the same period. 90%. 0% from February 2024. *chain free / Guide Price £2,250,000 - £2,500,000* Built in 2015, Redlap is a stunning five bedroom five bathroom detached family The average house price in Nottingham was £194,000 in February 2025 (provisional), up 5. 3% – more than the average for London – in Bromley in September, new figures show. dqz paouu dpfw bwf mhxhhrdc kkxozm uaama qloagii qquo auntz yfypvp gwbq elayqj bmx pwfyvg